Nieman Walters Niman (NWN) Chartered Certified Accountants and Business Advisers

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Contact NWN
Contact NWN - Right Column
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Privacy Policy
Terms and Conditions
Accountants Epping
Accountants Theydon Bois
Accountants Chigwell
Accountants Woodford
Accountants South Woodford
Accountants Walthamstow
Accountants Edmonton
Accountants Winchmore hill
Accountants Enfield
Accountants Waltham Cross
Accountants Waltham Abbey
Accountants Brentwood
Accountants Upminster
Accountants Dagenham
Accountants Barking
Accountants East Ham
Accountants Crouch End
Accountants Bow
Accountants Seven Sisters
Accountants Muswell Hill
Accountants Ongar
Accountants Harlow
The Budget 2009

Welcome to NWN Online

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors with experienced staff, offering a 21st century service to their clients.

We are in business to provide great client service, ensure our clients pay no more tax than they should, and help them grow their businesses to achieve their goals and desires.

We specialise in providing a complete accountancy service. If you want to talk to us please call us, or contact us using the form on this page. We will get back to you within a working day.

We utilise modern technology to work with our clients, so your location is unimportant to us. However we are based in modern offices in North East London. This location gives us excellent transport connections to our clients who are based in the main all over London and the surrounding counties.

Any information you disclose is confidential and any discussions and meetings are free until you become a client.

About NWN

We are different to other accountants

We work much more closely with our clients than traditional accountants. We want to get to know our clients businesses inside out, enabling us to easily identify problems and spot opportunities. We want to help improve profits and encourage growth.

How we work

If you are a prospective client you will find that we treat every client individually, and we will ensure that we understand exactly the services that you need, not only now but also in the future. We respect your individuality and try and ensure that we deal with you in a jargon free and unstuffy manner.

A unique feature of our service is fixed price agreements

Once we have established your needs we will give you a guaranteed fully inclusive price from the start. This will give you peace of mind and no surprise bills.

Our accountancy experience

It has been said that having three clients of a similar type means you are an expert! If that is the case we could write a very long list. But what the partners and senior staff at NWN have is many years of assisting clients in a wide range of businesses from Construction and Property, to Music and Film.

Our partners and managers know what is required to build a business because they have done it themselves; and we have the experience of running a non-accountancy based commercial business.

Why NWN?

When you decide to appoint an accountant to act for you, you need to be SURE the decision is the right one....

Service

Delivering our service to an agreed timetable.
Being available to answer communications and resolve queries.
Flexibility in approach to timing and location of client meetings.
Providing a team of attentive, polite and knowledgeable people.

Understanding

We take the time to know our clients.
Be aware of the reasons why the client is in business and what are their aims.
Know the importance of meeting deadlines.

Relationship

We aim to make you feel that we are an indispensable part of your team.
Make the time to really listen to our clients needs.
Be available to deal with your concerns.
Ensure that we are trusted.

Efficiency

Understand the importance of meeting deadlines.
Deal promptly with all client related communication.
Utilise modern technology to improve our systems and methods of communication.
Ensure our colleagues are well trained to provide the required service.

Fees and Payment Policy

We say we are different, and we believe that the transparency of our approach to fees is an example of the difference.

Fixed Fee - Where possible we agree a fixed fee for the services to be delivered. This will be confirmed in writing via letter or e-mail. Once agreed we would only discuss the previouslly agreed fee with you if the actual level of work rendered it uneconomic for us to do it at the agreed rate.
Beyond Fixed Fee - Where additional work is requested outside the services covered by a fixed fee agreement; the cost of such services will be agreed separately in advance of the work being done.
Time Based Fees - We try at all costs not to bill on a time basis. However the most likely scenario for us to have to do this would be if you were subject to an inquiry by HMRC. In such cases it is almost impossible to give a fixed fee.
Payment Terms - We offer our clients the opportunity to pay by monthly standing order. In addition to payment by cheque we accept payment by credit card or via Premium Credit.

NWN Accountancy & Business Advisory Services

Click on the links below to find out more about our services:

Limited Liability Companies
- There are four main reasons why people operate under a limited liability company.
  - They wish to ring fence their own personal risk
  - They wish to utilise the tax laws to maximise their earnings from the company
  - They want to build a business that they can eventually sell in whole or in part
  - They operate in an environment where there is additional weight attributed to operating as limited liability company
- We are able to advise you on how you might use a limited company for any or all of the above reasons
- We will prepare your annual accounts and company tax return and ensure that they are filed with the regulatory authorities within the statutory timescales.
Sole Traders (including Freelancers) and Partnerships
- If you have chosen to carry on business not as a limited company whether due to size, administrative basis or other reasons then you will still need to submit a tax return.
- You also have a legal duty to maintain proper accounting records and prepare accounts to support the figures shown in your tax return. This still requires our expertise because anyone from the HMRC to your bank or mortgage company will have occasion to ask us to confirm the numbers or provide a detailed explanation as to how the figures where arrived at.
- More fundamentally though, you should want to know exactly how your business had performed and how financially healthy it is.
Not for Profit Companies and Charities
- The increased opportunities for organistions to derive income from Grants and Donations through a tender or commissioning process has led to an increase in Not for Profit Companies (limited by guarantee) and Charities.
- These organistions often have additional reporting requirements to traditional limited companies such as complying with the Charities SORP and specific reports to funders.
- At NWN we have the experience and infrastructure to deal with these scenarios; and are willing to share this with you.
Tax Compliance
- Corporation tax and Income tax represents a substantial cost to any business, not only in terms of the tax itself but also in compliance with reporting obligations, investigations with tax authorities and penalties for non-compliance.
- We can help you minimise your tax payments and relieve you of the administrative burden of complying with tax legislation. We will deal with all business tax matters, including preparing income and corporation tax computations and preparing and submitting your partnership tax return or corporation tax self-assessment return.
Tax Planning
- Although successive Chancellors are intent on reducing the opportunities to avoid tax, they do exist.
- We work with our clients to be in a position to advise them of how and when to take advantage of these opportunities. However in order for this to happen it requires the accountant to be in possession of the necessary information in advance. This can only happens where client and accountant have forged a framework which involves continuous co-operation.
Payroll
Running your own payroll can be time consuming and complicated, particularly with the ever increasing complexity of taxation and employment legislation. There is an increasing burden on business to comply with these issues and non-compliance can lead to substantial penalties. We can prepare payrolls for businesses with 2 to 200 staff.

Our service is comprehensive and confidential and includes:
- Computer generated payslips
- Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
- Completion of statutory forms (including year end returns)
- Summaries and analysis of staff costs
- Administration of incentive schemes, bonuses and ex-gratia termination payments.
- Completion of the form P11D for the relevant directors and employees.
Even if you only have a few employees, you will make savings by engaging us to administer your payroll.
VAT and Book-Keeping
- We can relieve you and your business of a significant burden by taking care of all your bookkeeping and accounting needs. This ranges from making use of our in-house bookkeeping bureau to the preparation of your annual accounts. We will treat every business individually so that we can tailor our approach to your requirements.
- Besides the core bookkeeping, we can also maintain your VAT records, prepare your payroll and take on ad hoc projects to free up valuable time for your staff.
- We believe that our high level of IT literacy can help improve our efficiency and help our clients to set-up their accounting systems to be efficient and effective. We are Sage Accountants Club Members and MYOB consultants and can supply software, hardware and training for both products.
Virtual Finance Director
- You understand your business, you know where you want to go, you have a book-keeper; but what do the numbers really tell you and how can you use them to achieve what you want?
- It is in these scenarios that you need the help of someone with the commercial experience and understanding of finance to work with you. Large companies will have a full time Finance Director, we are able to assist you on a part-time basis and work with you in your office or remotely. The senior partners and managers in NWN have done this before with clients, and in their own business. If this service is of interest then please contact us for an initial discussion.
Management Accounts, Cashflows and Budgets
- These reports do not need to be over complicated and are not he preserve of larger companies. The most successful businesses will have the information contained in these reports and use it to proactively manage their business, and to make fundamental decisions.
- They give a current and forward looking picture of the business that enables decision makers to make decisions. They also assist your accountant in tax planning, dealing with your bank manager and giving general advice.
- In smaller businesses it is not uncommon for the accountant to prepare this information for you. Our understanding and use of modern accounting and forecasting tools enables to carry out this task at a cost effective price.
Dealing with your Bank Manager
- How often have you heard someone complain that they have been with a bank for years with no problems, but when they want finance of some sort, the bank appear difficult, ask for financial information you do not have leading to a problem with your relationship.
- This can be overcome by ensuring that two things are in place within your business.
  - Ensure that you have the financial information readily available which will answer the questions raised by the bank.
  - Create a triangular relationship between you, the bank and your accountant.
If this is a concern for you contact us to discuss how we can help.
Exit Planning
- When you want exit the business, you want to maximise the value and minimise the tax. So how much is it worth?
- Very often when a decision is made to sell the business it is too late to carry it out in the efficient manner you wanted. Have you considerd Capital Gains Tax and Inheritance Tax. Your tax bill may be higher than you expected, the process may be more time consuming and buyers may be put off or offer a reduced price becasue the business processes are not clear nor documented and the business relies too much on YOU.
- Involving us in your plans at an early stage can only benefit you in the long run. We can ensure the business is set up correctly and that you are advised of the steps to be taken to maximise that value.
Coaching with a small "c"
We are not a firm of Business Coaches, but we spend a lot of our time coaching our clients in an informed but unstructured manner.

We talk about issues such as:
- How to make your business ready to be sold and how to maximise its value
- How to interpet the financial information available
- How to split management and strategic functions amongst the business owners and senior staff
- What is the capacity of your business
We are able to spend time with you discussing these and other areas; so contact us and let us point you in the right direction.

NWN case studies

Stay up-to-date with Nieman Walters Niman Case Studies.

NWN testimonials

When you are starting a new business you need help 24/7, somebody you can rely on and who you feel you can really relate to, who understands your business and your concerns. It is essential to be able to pick up the phone at any time and know you will get a sympathetic ear.

I am pleased to say that for us Ed, you filled that role. Our first quarter has progressed like a dream and it is no small measure due to the guidance and assistance readily provided at all times. As a businessman of some years entering a new field, I already feel like a veteran and thanks must go to you and the entire team at Nieman Walters Niman, from payroll to auditing staff alike.

With my warmest personal regards

Roger Hornett (Director Crown Catering Cambridge Ltd)

"Ed is a great guy to go out to lunch with............. and I seem to have more money than I did with my last accountant.

Oh yes ...and his tax planning when I changed from a sole trader to a Limited company seems to have given me unlimited wealth!"

Chris Bemand

After several years of growth within my companies, I reached the stage where I needed the facilities of accountants who could share my own vision of where my company was going and could show me the best ways to achieve that.

After interviewing several local companies, I was impressed with the way Nieman Walters Niman and Howard Walters in particular took a different approach to my business. He not only sat in my office, as opposed to me visiting other offices but also insisted on being shown around my premises and stock as an aid to understanding my business, ideas and plans.

Because of this, he is able not only to share my vision, allowing me to focus on my business expansion, but also to input his specialised knowledge on tax for both the business and my personal affairs.

In addition, I have utilised other members of staff within Nieman Walters Niman that have assisted me in other matters such as payroll, VAT, statutory etc. This has alleviated me of activities that I struggle with on a daily basis.

In addition, their network of contacts has facilitated the introduction of other parties that have also benefited my business.

It is nice to deal with a company that respond immediately and return telephone calls in a positive and professional manner.

I am happy to recommend them to any person and happy to talk to any party that may want to hear from me confidentially

Eddie Turze

E T Clay Products Ltd

Home Counties Transport Ltd

Heritage Clay Tiles Ltd

Resources

The following documents have been created in Adobe PDF Format, if you do not have the latest version of Adobe Acrobat Reader please click here to download.

Business Support

How to beat the hard times

TAX PLANNING

NWN Test PDF Link [pdf 12kb]
NWN Test PDF Link [pdf 12kb]
NWN Test PDF Link [pdf 12kb]
NWN Test PDF Link [pdf 12kb]

Networking - Need an IFA or a Plumber?

At NWN we want to be part of our clients businesses, have a supportive relationship with them. We are therefore in the priviliged position of being able to provide recommendations to all our clients who have a specific requirement.

The people we recommend are either clients of the practice or businesses we have met at networking events or from recommendations we have received ourselves.

Whether you need and IFA or a Plumber; a Lawyer or a Carpenter please feel free to ask us if we can recommend someone.

NWN news

Stay up-to-date with Nieman Walters Niman News for the latest in Accountancy and Business Consultancy News.

Submit Enquiry

If you would like to receive our newsletter, ask a question, or give us feedback on our website, then please complete and submit the contact form below.

Alternatively directly, or call us on 020 8550 3131.

Nieman Walters Niman
7 Bourne Court,
Southend Road,
Woodford Green,
Essex,
IG8 8HD.

T: 020 8550 3131
F: 020 8550 6020

Download NWN's PDF Map (1.81Mb)

Site Map

Below is Nieman Walters Niman's website map to help users to quickly navigate to the required pages. Alternatively you can view the Sitemap XML (sitemap.xml) version.

Entry Pages

Privacy Policy

The purpose of this statement is to set out how we use personal information that we may obtain about you. By registering as a user of the services provided by Nieman Walters Niman and by using the Nieman Walters Niman website generally you agree to this use.

1. When you and use this site you may be asked to provide certain information such as your contact details. We will store this data and hold it on computers or otherwise. We will use this data to fulfil our agreement with you.

2. We may use information that you provide or that is obtained by us:

To register you with our web site and to administer our web site services;
For assessment and analysis (e.g. market, customer and product analysis) to enable us to review, develop and improve the services which we offer and to enable us to provide you and other customers with relevant information through our marketing programme. We may use your information to make decisions about you using computerised technology, for example automatically selecting products or services which we think will interest you from the information we have. We may inform you (by e-mail, telephone, text message, mail or otherwise) about products and services (including those of other companies and organisations) which we consider may be of interest to you. If you do not wish us to use or share your information for marketing purposes, ;
For the prevention and detection of fraud;
To administer any prize draws or competitions you may enter.

3. We may give information about you to the following, who may use it for the same purposes as set out above:

To any of our employees and/or agents to administer any accounts, products and services provided to you by us now or in the future;
Agents who profile your data so that we may tailor the goods/services we offer to your specific needs;

We may also disclose your information:

To anyone to whom we transfer or may transfer our rights and duties under our agreement with you;
If we have a duty to do so or if the law allows us to do so.

4. In order that we can monitor and improve the site, we may gather certain information about you when you use it, including details of your domain name and IP address, operating system, browser, version and the web site that you visited prior to our site.

5. New technologies are emerging on the Internet that helps us to deliver customised visitor experiences. In particular, there is a technology called "cookies" which may be used by us to provide you with customised information from our web site. A cookie is an element of data that a web site can send to your browser, which may then store it on your system. Cookies allow us to understand who has seen which pages and advertisements, to determine how frequently particular pages are visited and to determine the most popular areas of our web site. Cookies also allow us to make our web site more user friendly by, for example, allowing us to save your password so that you do not have to re-enter it every time you visit our web site. We use cookies so that we can give you a better experience when you return to our web site. Most web browsers automatically accept cookies. You do not have to accept cookies, and you should read the information that came with your browser software to see how you can set up your browser to notify you when you receive a cookie, this will give you the opportunity to decide whether to accept it.

6. We may supplement the information that you provide to us with information that we receive from third parties.

7. We endeavour to take all reasonable steps to protect your personal information. However, we cannot guarantee the security of any data you disclose on-line. You accept the inherent security risks of providing information and dealing on-line over the Internet and will not hold us responsible for any breach of security unless this is due to our negligence or wilful default.

8. You have the right to see personal data (as defined in the Data Protection Act) that we keep about you, upon receipt of a written request and payment of a fee. If you are concerned that any of the information we hold on you is incorrect please contact us.

9. Please be aware that our site may link to other web sites which may be accessed through our site. We are not responsible for the data policies or procedures or the content of these linked web sites.

10. In the course of undertaking the activities specified in this privacy policy we may transfer data outside the European Economic Area to countries which do not have data protection laws or to countries where your privacy and other fundamental rights may not be protected as extensively as in the United Kingdom.

11. Please note that any products and services are supplied subject to our standard terms and conditions.

If you have any comments or queries in connection with our privacy policy, .

Terms & Conditions

September 2007

Introduction

This is the official website of Nieman Walters Niman.
By using this site you are accepting these terms and conditions, if you do not wish to accept these terms and conditions we suggest that you do not use this site.

Nieman Walters Niman reserves the right at any time and without notice to amend or alter all content on this site as it wishes.

Purpose

This free access website is intended to provide free information about Nieman Walters Niman, its services, latest news and its work for a number of its clients, and provide contact information for Nieman Walters Niman.

Copyright and trademarks

All copyright to all graphics, images, logo's, data and html code contained in this website belongs to Nieman Walters Niman or its clients. Reproduction, adaptation or modification of all or any part of this website is strictly prohibited without the prior written permission of Nieman Walters Niman or in accordance with the Copyright Designs and Patents Act 1988.

Privacy

This website is designed to be a business to business website and is not intended for the use of individual consumers or children. Nieman Walters Niman may collect and store personal identifiable information about the persons or companies who visit this website.
This information may include, but is not limited to, details such as your name, address, telephone number, fax number, CV, URL, domain name, I.P. address, company name, job title or email address. Nieman Walters Niman may use this information to contact you or your company about its products and services from time to time.

Nieman Walters Niman may also collect and store information about users who visit this website to improve the website and improve user interaction based on the information collected.
Nieman Walters Niman does not trade, sell, rent or pass on any information about the users of this website to any third parties for marketing purposes without your express consent.
You may ask Nieman Walters Niman to delete any information about you or your company and cease any further contact with you at anytime by contacting Nieman Walters Niman by phone, letter or email.

Submissions

Where you are invited to submit any contribution to this site such as to the guestbook or competitions you are by submission to grant Nieman Walters Niman a perpetual, royalty free, non-exclusive, license to use, reproduce, modify, adapt, publish and create derivative works from for any purpose that Nieman Walters Niman wishes, e.g. marketing and promotional purposes, if you do not wish to grant such rights to Nieman Walters Niman, it is suggested that you do not submit your contribution to this site: by submitting your contribution to this site you also indemnify Nieman Walters Niman against all legal fees, damages, and other expenses that may be incurred by Nieman Walters Niman as a result of any material submitted by you.

Unauthorised use of this website

Entry to the html code, cgi scripts, images or any other part of this website is strictly prohibited.
Do not transmit or post any material to this website that is libellous, obscene, threatening, abusive or hateful.
No unsolicited email (SPAM) may be directed to or through this site.
You are prohibited from attempting to interfere with the site service, including, overloading, flooding, mailing , bombing, crashing, or hacking all or part of the site content or deleting or changing any site content.

Warranty disclaimer

This site is offered AS IS and without warranties of any kind.
All information and images contained on this website are believed to be truthful and accurate but nothing on this website shall be considered a representation by Nieman Walters Niman and no reliance should be placed upon any information contained on the website unless it has been confirmed in writing by Nieman Walters Niman to be correct.
Nieman Walters Niman is not responsible for unavailability, interruptions in availability, viruses or other defects in the site or its contents. In no event shall Nieman Walters Niman be responsible for any damages to users or their computer systems or otherwise.

Links to external websites

Where this website contains a link to another site this is provided only for the convenience of the user of this website, Nieman Walters Niman do not endorse or confirm any contents of any such website and accept no responsibility for the contents or the use of any such website.

Liability

Nieman Walters Niman accept no liability for any errors or omissions on this website and its liability howsoever arising in relation to the website shall exclude liability for indirect and consequential loss including loss of profits, loss of opportunity, loss of systems, loss of reputation, business interruption, loss of programmes or other data.

Governing law

The website (http://www.nwnaccounts.com) Nieman Walters Niman and its contents are governed by English law.

Welcome to NWN Online

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Epping area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Theydon Bois

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Theydon Bois area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Chigwell

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Chigwell area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Woodford

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Wooford area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing South Woodford

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the South Woodford area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Walthamstow

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Walthamstow area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Edmonton

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Edmonton area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Winchmore Hill

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Winchmore Hill area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"
Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Enfield

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Enfield area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Waltham Cross

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Waltham Cross area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Waltham Abbey

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Waltham Abbey area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Brentwood

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Brentwood area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Upminster

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Upmister area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Upmister

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Upminster area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Barking

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Barking area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing East Ham

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the East Ham area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Crouch End

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Crouch End area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Bow

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Bow area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Seven Sisters

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Seven Sisters area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Muswell Hill

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Muswell Hill area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Ongar

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Ongar area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

NWN Accountants servicing Harlow

Nieman Walters Niman (NWN) is a modern firm of Chartered Certified Accountants and Business Advisors based in Woodford, offering a 21st century service to their clients.

We are based in modern offices in North East London (4 miles and 4 underground stops from the 2012 olympics), and service clients within the Harlow area. Our location gives us excellent transport connections to our clients who are based all over London and the surrounding counties including: Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham, Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow.

We believe we have one thing in common with all successful businesses – we provide great client service. This underpins our relationships and is supported by the pragmatic and practical advice that we give.

Wherever possible we try and agree a fixed fee with our clients, and all this is supported by a group of professional and approachable colleagues.

You will find us easy to deal with, and not at all stuffy. We do not take ourselves too seriously because we are too busy taking you seriously.

We offer the following:
• Limited Liability Companies
• Sole Traders (including Freelancers) and Partnerships
• Not for Profit Companies and Charities
• Tax Compliance
• Tax Planning
• Payroll
• VAT and Book-Keeping
• Virtual Finance Director
• Management Accounts, Cashflows and Budgets
• Dealing with your Bank Manager
• Exit Planning
• Coaching with a small "c"

Nieman Walters Niman service clients in the following areas:
Epping, Theydon Bois, Chigwell, Woodford, South Woodford, Walthamstow, Edmonton, Winchmore hill, Enfield, Waltham Cross, Waltham Abbey, Brentwood, Upminster, Dagenham,Barking, East Ham, Crouch End, Bow, Seven Sisters, Muswell Hill, Ongar, Harlow

The Budget 2009

Summary Introduction
Personal Income Tax
Tax Credits
National Insurance Contributions
Employees
Savings
Capital Gains Tax
Inheritance Tax
Stamp Duty Land Tax
Corporation Tax
Business Tax
Value Added Tax
Other Measures
Tax Tables
National Insurance

Budget Summary Introduction

Alistair Darling presented his second Budget speech in his usual calm, quiet tones, occasionally having to raise his voice over the opposition MPs' cries of astonishment at the awful economic statistics that he was announcing. His predictions from last November, depressing though they were, turned out to be far too optimistic. He tried to reassure us by saying that things will get better next year, but how reliable are his forecasts now? What is certain is that the Government is very short of money, and will have to start raising cash from somewhere soon.

Mr Darling's delivery tended to disguise the significance of some of the things he said: for example, he swept away New Labour's repeated promise not to raise the top rate of tax within the life of this Parliament. In 2010/11, income tax will be levied at 50% on those with incomes above £150,000, and new rules on personal allowances will create a 60% tax band for those earning just over £100,000. Mr Cameron hopes to win an election on the back of Labour's economic problems, but then it will be his turn to try to fill the hole in the public finances - it will be interesting to hear the Conservatives' proposals for doing this as the election approaches.

Meanwhile, HM Revenue & Customs have been given new powers to inspect taxpayers' records from 1 April 2009, and new severe penalties may be imposed on people who have paid the wrong amount of tax carelessly or deliberately. Some of the Budget announcements indicated a further crackdown on tax avoiders and tax evaders. The Government - whichever side is in - will be looking for money. We will continue to provide support and advice when they come knocking.

Significant points

Income tax rates to rise for high earners in 2010/11.
Further increases to come in taxation of company cars.
Tax relief for pension contributions to be restricted for high earners in 2010/11.
Increase in ISA investment limits.
Extension of Stamp Duty Land Tax holiday to December 2009.
First year allowances for purchases of plant for one year.
New crackdown on tax evaders.

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Personal Income Tax

Tax rates and allowances

The tax rates and allowances for 2009/10 were as announced in November. The allowances generally have been increased at above the rate of inflation, and the rates of tax remain 20% and 40% (10% and 32.5% for dividend income). The effect on the income tax liability of a person with total income of £50,000 is a reduction of about £696 when compared with 2008/09. However, if this is all salary, increases in NIC amounting to £353 would reduce this saving.

In November, increases in the top rate of tax for very high earners were announced to take effect in 2011/12. They have now been brought forward to 2010/11, and the top rate will become 50% rather than 45%. The dividend rate will be 42.5%, up from the present 32.5%. These top rates will apply to people with incomes over £150,000 a year.

At the same time, for those with incomes over £100,000 a year, the personal allowance will be restricted. At present the personal allowance is relieved at the marginal rate, so it is worth 40% of £6,475, i.e. £2,590. The amount of the allowance will be reduced by £1 for every £2 of income above £100,000 until it falls to zero. The effect of this will be a marginal rate of income tax of 60% in the band of approximately £100,000 - £113,000 within which the allowance is being withdrawn.

The rates of income tax on discretionary trusts will also rise in 2010/11 to
match the top rates of income tax.

Tax Tip
Consider advancing income into 2009/10 to pay less tax, even if it is due earlier.

Furnished holiday lettings
For many years, losses arising on UK furnished holiday lettings have been eligible for tax relief against other income. This will stop after 2010/11. In the meantime, losses on letting of furnished accommodation in the European Economic Area which satisfies the conditions for FHL will be eligible for relief against other income.

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Tax Credits

Rates of credit
Many of the rates of tax credit have risen in line with inflation. The figures that are most relevant to higher earners - the "family element", £545, and the level of combined income at which it starts to be withdrawn, £50,000 - remain unchanged.

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National Insurance Contributions

Company cars and fuel (Table C)

There are no changes to the taxation of company cars and fuel for 2009/10.

The charge is based on a percentage of the list price for the car and the same percentage of a fixed figure of £16,900 for the fuel. The percentage is linked to the CO2 emissions rating of the car.

It had already been announced that there will be increases to tax charges from April 2010 because the thresholds for CO2 emissions will be lowered by 5g/km: for most people this will add 1% to the percentage that is applied to the list price of the car and to the standard figure for fuel to give the taxable benefits in kind.

A further 5g/km will be taken off the thresholds for 2011/12, leading to a further 1% addition to most people's percentages. For example, a petrol-engined car with a rating of 150g/km will have a percentage of 18% in 2009/10, 19% in 2010/11 and 20% in 2011/12.

The upper limit on list prices, currently £80,000, will also be removed in 2011/12, so drivers of very expensive cars will see a substantial increase in their tax charges.

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Employees

Company cars and fuel (Table C)

There are no changes to the taxation of company cars and fuel for 2009/10. The charge is based on a percentage of the list price for the car and the same percentage of a fixed figure of £16,900 for the fuel. The percentage is linked to the CO2 emissions rating of the car.

The upper limit on list prices, currently £80,000, will also be removed in 2011/12, so drivers of very expensive cars will see a substantial increase in their tax charges.

Employee accommodation
Where an employer provides residential accommodation for an employee, the taxable benefit in kind is calculated according to the rent paid by the employer or the capital amount paid for the property. An avoidance scheme has used the payment of a premium for a short lease to minimise both the rent and the capital value. New leases taken out from 22 April 2009 will be subject to tax on the employee and NIC on the employer as if the premium is a payment of rent which will be spread for tax purposes over the whole period of occupation.

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Savings

Pension contributions (Table B)

For the current tax year, 2009/10, pension contributions will be relieved as in past years, with expected increases in the maximum amounts of contributions and tax-free funds at retirement.

Tax relief will be restricted for the highest earners - those with incomes over £150,000 - from April 2011: instead of the current relief at the marginal rate of 40%, the relief will be tapered to 20%, the same level of relief that basic rate taxpayers receive, by the time income reaches £180,000. There will be measures to stop people on very high earnings paying unusually large contributions to take advantage of the greater relief in advance of the change: if someone with earnings over £150,000 pays contributions that are greater than £20,000 and greater than the regular contributions paid in previous years between 22 April 2009 and 5 April 2011, there will be a supplementary tax charge which will have the effect of cutting the tax relief to 20%.

Tax Tip
Review pension contributions but watch the anti-avoidance rule.

Individual Savings Accounts
The limit for investment in tax-free ISAs increases from £7,200 to £10,200. This higher limit will apply from 6 October 2009 for people aged 50 and from 6 April 2010 for everyone else. Up to £5,100 can be invested in cash ISAs. As before, the balance has to be invested in stocks and shares.

Venture capital schemes
Minor but significant changes have been made to the Enterprise Investment Scheme, which encourages investment in unquoted trading companies. It has been necessary for the company to use 80% of the money raised within one year of the share issue and the remainder within two years. This is relaxed so that the whole of the money must be spent within two years. Up to 21 April 2009, half of an EIS investment in the first half of a tax year could be "carried back" for tax relief in the previous year. From 22 April 2009 onwards, the whole of any qualifying EIS investment made up to 5 October in the tax year can be relieved in the
preceding year.

The Corporate Venturing Scheme and Venture Capital Trusts enjoy the same relaxation in the time limit for spending the money raised from share issues.

Foreign dividends

Individuals who receive dividends from UK companies enjoy a 10% tax credit which is added to the net amount received to give the taxable income. The tax credit is then set against the tax liability, which means that a basic rate taxpayer has nothing to pay and a higher rate taxpayer pays 22.5% of the gross amount - equivalent to 25% of the net dividend. In April 2008, the tax credit rule was extended to recipients of dividends from foreign resident companies as long as they owned less than 10% of the shares.

These rules will now be extended to holders of 10% of the shares and above, as long as the country in which it is resident has a system of tax on profits similar to corporation tax. The rule will also apply to all dividends from offshore funds, unless they hold more than 60% of their investments in interest-bearing assets, in which case the distributions will be taxed as interest.

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Capital Gains Tax

Annual exemption and rate
The annual exempt amount for CGT rises from £9,600 to £10,100. Most trusts enjoy half the personal exemption (£5,050). The rate of CGT remains unchanged at 18% on net gains after reliefs, losses and the annual exemption. Entrepreneurs' Relief reduces the rate to 10% on the first £1m of gains on disposals of qualifying business assets.

Agricultural property
Holdover relief allows someone who gives away agricultural property to pass on the CGT charge on the gift to the donee. Up to now, the relief has only been available for land situated in the UK. From 22 April 2009, land anywhere in the European Economic Area can qualify.

Tax Tip
CGT rates are low: consider investing for gains, not income.

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Inheritance Tax

Rates and threshold
There are no changes to IHT rates. As previously announced, the nil rate threshold rose on 6 April 2009 to gifts of up to £325,000.

Agricultural property
A 100% relief from IHT applies to the agricultural value of agricultural property. Up to now, the relief has only been available for land situated in the UK. From 22 April 2009, land anywhere in the European Economic Area can qualify. It will also be possible to claim the relief retrospectively where a charge arose on a transfer, including a death, from 22 April 2003. Claimants will have at least a year from 22 April 2009 to ask for a refund.

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Stamp Duty Land Tax

Extended holiday
The one-year increase in the threshold for SDLT on residential property to £175,000 is extended by a further four months to 31 December 2009. After that, the 1% rate will again apply to purchases of residential property for consideration above £125,000 in general, or £150,000 in "disadvantaged areas". Once the threshold is exceeded, SDLT applies to the whole of the consideration: the charge on consideration of £176,000 is £1,760, not £10 (1% of the excess over £175,000).

Tax Tip
If you are buying a property within this band, do it in 2009.

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Corporation Tax

Rates of tax
The rates of corporation tax remain 28% for companies with profits over £1.5m and 21% for companies with profits up to £300,000, with a marginal rate in between those levels of 29.75%. The calculations are more complex for associated companies or those which receive dividend income. The small companies rate was intended to rise to 22% on 1 April 2009, but (as announced in November) this increase has been deferred to 1 April 2010.

Foreign dividends
The Budget has confirmed the introduction of a package of reforms to the taxation of the foreign profits of UK corporate groups, including a tax exemption for most foreign dividends. There will be associated changes to restrict interest deductibility based on a worldwide debt cap, and also to the Controlled Foreign Companies rules.

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Business Tax

Capital allowances
Capital expenditure on plant and machinery will enjoy a 40% first year allowance, instead of the normal 20% annual writing down allowance, if incurred in the year to 31 March 2010 (companies) or 5 April 2010 (unincorporated businesses). Businesses already enjoy a 100% annual investment allowance on purchases of plant, but this is limited to £50,000 a year. The new first year allowance will therefore benefit businesses which spend more than £50,000 a year on plant.

Tax Tip
If you spend more than £50,000 a year on plant, buy before April 2010.

Loss relief
In the Pre-Budget Report, Mr Darling announced that businesses would be allowed to carry back losses and set them against profits for the last three years instead of only the last 12 months. This has now been extended to losses which are incurred in the accounting periods ending in the period from 24 November 2008 to 23 November 2010 for companies or the two tax years 2008/09 and 2009/10 for unincorporated businesses. Losses can be carried back one year without limit. The extended carry back is restricted to £50,000. For example, £50,000 can be carried back three years from a company's accounting period to 31 December 2008 and £50,000 can be carried back three years from the accounting period to 31 December 2009.

Car allowances
There are important changes to the capital allowance rules for cars from April 2009. Up to now, cars which cost up to £12,000 have been put in a pool with other fixed assets and receive 20% writing down allowances; cars costing over that figure have been kept separate and the maximum WDA has been £3,000. Cars with a CO2 emissions rating up to 110g/km currently enjoy a 100% first year allowance.

For new cars bought from 1 April 2009 (companies) or 6 April 2009 (unincorporated traders) onwards, the allowances on all cars will be related to the CO2 rating of the car. Very low rated cars will still enjoy the 100% allowance. Cars with a rating up to 160g/km will go into the general pool and receive 20% allowances. Cars with higher ratings will no longer have a £3,000 restriction, but they will go into the special rate pool and will only receive 10% allowances. There will no longer be a balancing allowance when an expensive car is sold.

There are detailed rules for "expensive" cars bought under the old regime and for cars with an element of private use.

Time to pay
The Business Payment Support Service, announced in November, will negotiate "time to pay" arrangements for businesses which are temporarily unable to pay their corporation tax, income tax or VAT. As long as the schedule of payments is agreed before the date on which the liability would have been due and is then adhered to, no default surcharges on VAT or surcharges on income tax will apply, although interest will accrue.

The BPSS has been extended to cover the situation where a business expects to make a loss in its current period which it will set off against profits of previous periods. The expected current loss can be taken into account in agreeing the level of payments which will be required.

Tax Tip
If you want to negotiate time to pay, do so before the due date.

Three-line accounting
The threshold for including simple three-line accounts on the tax return will in future be linked to the VAT registration threshold, so it will be set at turnover of £68,000 for the tax year 2009/10.

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Value Added Tax

Registration threshold
The threshold of VATable turnover for registering a business for VAT rises by £1,000 to £68,000 from 1 May 2009. The level of turnover below which a business can deregister also rises by £1,000 to £66,000.

Fuel scale rates
The VAT charge which applies where a business provides car fuel for private use by a proprietor or employee increases slightly for return periods commencing from 1 May 2009. The rates depend on the CO2 emissions rating of the car and have to be obtained from the full table which is available on HM Revenue & Customs' website. The rates will change again on 1 January 2010 when the standard rate reverts to 17.5%.

Standard rate
There were no further announcements about the standard rate of VAT. The temporary cut to 15% will therefore end on 31 December 2009, and the rate will return to 17.5% on 1 January 2010. Measures have already been announced to stop traders artificially advancing tax points for supplies in order to charge 15% to people who cannot recover VAT in respect of goods or services that will really be supplied after the rate rises.

Cross border supplies
New rules will apply to traders supplying services to customers in other EU countries from 1 January 2010. There will be changes to the place of supply rules, which make some such supplies chargeable to UK VAT and some chargeable in the customer's country, and there will be a new requirement to report sales of services to HM Revenue & Customs on a quarterly basis. Anyone who is involved in international supplies of services will need to make their systems ready in good time.

Tax Trap
Make sure you are ready if these changes affect you.

There will also be a new electronic refund procedure for claiming back VAT on business expenditure incurred in other member states to replace the present paper-based system. The deadline for businesses submitting claims will be extended from 6 to 9 months, and the time limit for the authorities to pay the money will be shortened from 6 to 4 months.

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Other Measures

Offshore disclosure opportunity
In 2007, HM Revenue & Customs encouraged people with undeclared income or gains in foreign bank accounts to put their affairs in order by owning up, with the promise of a maximum 10% penalty for failing to pay the proper tax in earlier years. A further opportunity for those who have not yet come forward will run from autumn 2009 until 31 March 2010. The level of penalty has not yet been announced, but it will presumably be higher than 10%. This is described as a "final opportunity", which implies that HM Revenue & Customs will then seek to identify and penalise more heavily those who have not taken the two chances offered.

Naming and shaming
There are plans to enable HM Revenue & Customs to publish the names of both corporate and individual taxpayers who incur a penalty because they deliberately understated their tax liabilities by over £25,000. In addition, it is proposed that taxpayers who incur a similar penalty on £5,000 or more will be subjected to new reporting requirements: they will have to submit more detailed returns for up to 5 years to show that they have proper systems in place to be able to make a correct tax return and enable HM Revenue & Customs to monitor their compliance with their obligations.

Tax Trap
HMRC are cracking down hard: make sure your affairs are in order.

Corporate transparency
For accounting periods commencing after the Finance Bill receives Royal Assent, large companies will be required to appoint a "senior accounting officer" who will be required to certify to HM Revenue & Customs that the accounting systems in operation are adequate for the preparation of accurate tax returns, or explain any inadequacies in the system and confirm that they have been notified to the company's auditors.

Payment plans
Proposals were announced for taxpayers to agree Managed Payment Plans, spreading their tax payments over a period straddling the normal due date, and also for HM Revenue & Customs to collect small outstanding liabilities through the PAYE system. These measures will not come into effect before 2011 or 2012.

Late filing and payment
The penalties for late filing of nearly all sorts of tax returns, including income tax, corporation tax and PAYE but excluding VAT, will be reformed starting in April 2010 with in-year penalties for late PAYE returns. The new rules will cancel the long-standing remission of the £100 late filing penalty under self assessment if there is no tax outstanding.

At the same time, the rules under which interest is charged on late payment of tax will be reformed and made consistent. Monthly PAYE liabilities will be subject to interest on late payment for the first time from April 2010.

Tax Trap
In-year penalties and interest on PAYE is a big change.

Vehicle "scrappage"
As widely reported in advance, there will be an incentive of £2,000 payable to anyone who trades in a vehicle which is at least 10 years old against the purchase of a new vehicle. Half of this will be paid by the Government, but the other half will be provided by the car companies. The scheme will run from a date to be announced until 31 March 2010 or until the agreed funding runs out.

HM Revenue & Customs Charter
HM Revenue & Customs will introduce a new statutory Charter by 31 December 2009. The precise contents are still subject to consultation, but it will set out standards of behaviour and values to which the Department will aspire in dealing with taxpayers and others. In the context of the new, enhanced powers of inspection of taxpayers' affairs - announced last year and taking effect on 1 April 2009 - these safeguards for taxpayers could be very important, as long as the Charter is a substantial document.

Closure of schemes
The Budget included, as usual, measures to close a number of specific tax avoidance schemes. Artificial schemes may work in some cases, but they are likely to have a short shelf-life and may in any case be attacked by HM Revenue & Customs through the courts.

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Tax Tables

Table A
Allowances and Reliefs 2009/10 2008/09

Allowed at top rate of tax

Personal Allowance	£6,475	£6,035
Personal Allowance (65-74)*	9,490	9,030
Personal Allowance (75 and over)*	9,640	9,180
Blind Person's Allowance	1,890	1,800

Allowed only at 10%

Married Couple's Allowance (65-74)*	N/A	6,535
Married Couple's Allowance (75 and over)+*	6,965	6,625
Personal Allowance (75 and over)*	9,640	9,180
Blind Person's Allowance	1,890	1,800

Income Limit for age-related allowances 22,900 21,800

+ only available if born before 6th April 1935.

* Age allowances are reduced £1 for every £2 by which income exceeds the income limit, until the age allowance is reduced to the normal allowance. Personal allowance is reduced before married couple's allowance. MCA is reduced to a minimum of £2,670 (2008/09: £2,540).

Bands 2009/10 2008/09

Starting (within basic rate band)*	£2,440	£2,320
Basic	37,400	34,800
Higher over	37,400	over 34,800
Blind Person's Allowance	1,890	1,800

* There is a 10% starting rate for savings income only. If general taxable income exceeds the starting rate limit, the 10% rate is not available.

Rates differ for General, Savings and Dividend income within each band:

Rates 2009/10 and 2008/09

	G	S	D
Starting	N/A	10%	10%
Basic	20%	20%	10%
Higher	40%	40%	32.5%

General income (salary, profit, rent) uses starting rate and basic rate bands before savings income (interest). Dividends are taxed as the 'top slice' of income.

Table B
Pension Contributions

The maximum annual tax efficient gross contributions (up to age 75) in 2009/10 are:
- individuals: £3,600 or 100% of earnings to £245,000
- employers: £245,000 less employee contributions

Maximum tax efficient fund (lifetime allowance) where benefits are taken in 2009/10: £1.75m.
Only current earnings count for the 100% limit. It is no longer possible to use prior earnings or to carry back contributions to earlier years.

Table C
Benefits In Kind

Car Benefit Assessment 2009/10
Charge based on a percentage of the initial list price of the car; the percentage depends on the carbon dioxide emission ratings of the car, if it has one. For older cars without a rating, the percentage depends on engine capacity.

For 2009/10 the percentage for a petrol engine is 15% for ratings from 121g/km - 135g/km. The percentage increases by 1% for every complete 5g/km in excess of this (i.e. at 140,145 etc), to a maximum of 35%. Diesel cars have 3% added to this figure, but still have a maximum percentage of 35%. A lower rate of 10% (13% diesel) is available for cars with a rating up to 120g/km.

Car Fuel Assessment
The benefit is calculated using the same percentage as that used for the car benefit, applied to a standard figure of £16,900 (unchanged from 2008/09).

The taxable amount is therefore between £1,690 (10% - min.) and £5,915 (35% - max.).

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National Insurance

Table D
Rates and limits for 2009/10

Class 1 Weekly Monthly Yearly

Primary Threshold - employees (PT)	£110	£476	£5,715
Upper Accrual Point (UAP)	£770	£3,337	£40,040
Upper Earnings Level - employees (UEL)	£844	£3,656	£43,875

Employer's Contribution Contracted In Contracted Out Salary Related Scheme Money Purchase Scheme

On earnings up to PT	Nil	Nil	Nil
On earnings between PT and UAP	2.8%	9.1%	11.4%
On earnings above UAP	12.8%	12.8%	12.8%

Employee's Contribution
Contracted in: 11% on earnings between PT and UEL, 1% above UEL.
Contracted Out: 9.4% on earnings between PT and UAP; 11% from UAP to UEL; 1% above UEL.

Earnings over £95 per week qualify for benefit, and must be reported under PAYE, but no NICs are payable until earnings exceed £110 per week.

The reduced Class 1 rate payable by certain married women and widows is 4.85% for earnings between £110 and £770 per week, 1% above £770 per week.

Class 2 (Self-employed) Earnings over £5,075 per year £2.40 per week
Class 3 (Voluntary) No limit applicable £12.05 per week
Class 4 (Self-employed) Profits between £5,715 and £43,875 8%
Profits above £43,875 1%

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